Restructuring and Other Charges

12 Months Ended

Dec. 31, 2021

Restructuring And Related Activities [Abstract]

Restructuring and Other Charges

16. Restructuring and Other Charges

Pre-tax restructuring and other charges for the year ended December 31, 2021 were as follows:

	Year Ended December 31, 2021
				Other Charges (a)
(In millions)	Restructuring Charges			Cost of Products Sold		SG&A(b)			Total Charges
Plumbing	$	(1.1	)	$	2.0	$	2.1		$	3.0
Outdoors & Security		10.4			—		(0.6	)		9.8
Cabinets		4.2			3.7		—			7.9
Total	$	13.5		$	5.7	$	1.5		$	20.7

(a)“Other Charges” represent charges or gains directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such charges or gains may include losses on disposal of inventories, trade receivables allowances from exiting product lines, write-off of displays from exiting a customer relationship, accelerated depreciation resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities.

(b)Selling, general and administrative expenses

Restructuring and other charges in 2021 are largely related to severance costs associated with the relocation of manufacturing facilities within our Outdoor & Security and Cabinets segments.

Pre-tax restructuring and other charges for the year ended December 31, 2020 were as follows:

	Year Ended December 31, 2020
			Other Charges (a)
(In millions)	Restructuring Charges		Cost of Products Sold		SG&A(b)			Total Charges
Plumbing	$	6.0	$	4.4	$	(1.7	)	$	8.7
Outdoors & Security		3.0		0.9		—			3.9
Cabinets		5.5		5.1		0.2			10.8
Corporate		1.4		—		0.3			1.7
Total	$	15.9	$	10.4	$	(1.2	)	$	25.1

(a)“Other Charges” represent charges or gains directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such charges or gains may include losses on disposal of inventories, trade receivables allowances from exiting product lines, write-off of displays from exiting a customer relationship, accelerated depreciation resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities.

(b)Selling, general and administrative expenses

Restructuring and other charges in 2020 are largely related to headcount actions associated with COVID-19 across all segments and costs associated with changes in our manufacturing processes within our Plumbing segment.

Pre-tax restructuring and other charges for the year ended December 31, 2019 were as follows:

	Year Ended December 31, 2019
			Other Charges (a)
(In millions)	Restructuring Charges		Cost of Products Sold			SG&A(b)		Total Charges
Plumbing	$	2.8	$	2.6		$	2.8	$	8.2
Outdoors & Security		1.7		1.6			—		3.3
Cabinets		10.2		(0.1	)		0.6		10.7
Total	$	14.7	$	4.1		$	3.4	$	22.2

(a)“Other Charges” represent charges or gains directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such charges or gains may include losses on disposal of inventories, trade receivables allowances from exiting product lines, write-off of displays from exiting a customer relationship, accelerated depreciation resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities.

(b)Selling, general and administrative expenses

Restructuring and other charges in 2019 largely related to severance costs and costs associated with closing facilities across all our segments.

Reconciliation of Restructuring Liability

(In millions)	Balance at 12/31/20		2021 Provision		Cash Expenditures (a)			Non-Cash Write-offs		Balance at 12/31/21
Workforce reduction costs	$	6.9	$	11.4	$	(13.6	)	$	-	$	4.7
Other		0.7		2.1		(1.8	)		-		1.0
	$	7.6	$	13.5	$	(15.4	)	$	-	$	5.7

(a)Cash expenditures primarily related to severance charges.

(In millions)	Balance at 12/31/19		2020 Provision		Cash Expenditures (a)			Non-Cash Write-offs		Balance at 12/31/20
Workforce reduction costs	$	6.7	$	14.6	$	(14.4	)	$	—	$	6.9
Other		0.1		1.3		(0.7	)		—		0.7
	$	6.8	$	15.9	$	(15.1	)	$	—	$	7.6

(a)Cash expenditures primarily related to severance charges.